US Politics & Business News
Equity markets continue pushing into record territory despite persistently elevated interest rates that many analysts expected would weigh heavily on valuations. The resilience of stocks in the face of high borrowing costs has surprised even seasoned market watchers who anticipated a more pronounced pullback driven by tighter financial conditions. Interest rates at multiyear highs typically…
U.S. stock futures held in a tight range early Thursday as investors pivoted their attention to fresh inflation and labor market data after July’s CPI report did little to shake Fed rate expectations. As of 4:00 a.m. ET, Nasdaq futures were flat with a negative bias, while S&P 500 and Dow futures were flat with…
Workday (WDAY) shares exploded 25% higher Thursday after Reuters reported that private equity firm Silver Lake is in talks to acquire the company. Trading in the stock was halted three times due to circuit breakers as volatility surged on the breaking news out of financial markets. Silver Lake and the human-resources and financial management software…
SanDisk shares rocketed 13.7% on Thursday, pushing the stock’s four-session gain to an extraordinary 25.8% as investor enthusiasm intensifies. The memory-chip company has now surged 541% so far this year, making it one of the most dramatic stock stories in the technology sector in 2026. The rally is spreading across the memory and storage industry,…
The quantum computing industry continued its march toward commercialization in the second quarter of 2026, with enterprise adoption, government support and capital availability all strengthening across the sector. McKinsey’s April 2026 Quantum Technology Monitor identified accelerating commercialization trends, with more than 300 organizations worldwide now actively engaging with quantum computing technology. The McKinsey report also…
Salesforce (NYSE: CRM) shares climbed 1.90% intraday after J.P. Morgan initiated coverage with a bullish rating and a new price target. Analyst Samik Chatterjee assigned CRM an Overweight rating and established a December 2027 price target of $250, moving the stock from Not Rated. Chatterjee argued that concerns about AI disrupting enterprise software and intensifying…
Reddit Inc. (RDDT) is set to join the S&P 500 following an off-cycle change announced by S&P Dow Jones Indices, sending shares of the social media platform soaring more than 10% after the bell. The index addition takes effect prior to the start of trading on August 18, marking a significant milestone for the company…
Infleqtion (INFQ) delivered a strong second-quarter revenue performance, even as losses continued to widen alongside accelerating demand for its quantum technologies. The company posted revenue of $12.6 million for the quarter, surpassing analyst projections and representing a 116% jump compared to the same period a year earlier. Milestone-based payments tied to a NASA project were…
The stock market has a long and well-documented history of underperforming in September more than in any other month of the calendar year. Commonly referred to as the “September Effect,” this seasonal pattern has puzzled investors, financial analysts, and economists for decades without a single universally accepted explanation. From 1928 to 2025, the S&P 500…
In a fresh sign that inflation pressures may be cooling, the producer price index showed no change in July, defying expectations for a 0.2% gain. The Bureau of Labor Statistics reported Thursday that the PPI, a key measure of underlying wholesale inflation, was unchanged month over month after falling 0.1% in June. The June figure…